Introduction to Monero gambling providers – top takeaways and things to be aware of
Monero is a popular cryptocurrency that provides confidentiality and complete anonymity throughout the transactional process. Depending on your current location, you’ll find that XMR can be used to fund your betting experience and unlock a range of bonuses and promotions. However, terms, conditions, and wagering requirements will vary from site to site. Support is often responsive, sports are well covered, and you’ll often find competitive odds for both pre-match and in-play fixtures. Just bear in mind that Monero betting sites do not commonly have mobile app alternatives. Plus, you’ll need an external wallet set up before you can make your withdrawal.
Monero : Pros & Cons
- Anonymous and secure
- Seamless transaction process
- Sizable promotions
- Prohibited in certain regions
Before You Start: Latest Monero Prices
Take a moment to review this real-time Monero trend chart before making any deposits. It’s an invaluable tool for maximizing your deposits. We aim to connect you with top-tier Monero betting sites, but the optimal XMR coin prices are also important.
Benefits of Monero sports betting sites
As with any
decentralised betting
platform, Monero sports betting sites provide you with plenty of perks beyond the obvious that can help to make your experience enjoyable along the way.
Anonymity online
One of the many appeals of using a Monero betting site revolves around anonymity. Now, although you’ll need to share personal details, including date of birth, email address, and your current location, you will find that you can complete transactions without the need of a third-party intermediary and send funds directly from your Monero wallet.
Potential access to superior odds
Although this depends on the Monero betting site you eventually join, superior odds are extremely common. If it isn’t the reduced house edge or the regularly updated stats that help, it will be the potential from an odds boost bonus that will allow you to access superior odds throughout your time online.
Super-fast withdrawals and deposits
Thanks to how transactions are verified and completed at a Monero betting site, you’ll find your
blockchain betting
deposits and withdrawals released in record time. Provided cryptographic miners have confirmed your transaction ten times, you can expect to fund your experience or receive your winnings within a few short minutes.
Bet now
No wagering requirement. after the first week Rakeback will start again from 6% go up by the different levels.
How we rate each Monero gambling site we review
Interest piqued? I thought it might be. Now, let me highlight a few key features that I look out for when conducting my Monero betting site reviews.
Good market coverage
Firstly, it is worth remembering why you are on the hunt for a top Monero betting site – to place bets on your favourite fixtures. With this in mind, I’ll head straight to the lobby and review the kind of sports, markets, and odds you can expect.
Safety and security
The blockchain provides all
crypto betting
platforms with a solid base; however, you’ll want to check out any additional features that will help to keep your full experience safe and secure. I’ll keep my eyes peeled for KYC/AML checks, 2FA, and whether safer gaming tools are offered.
Bonus offers
They may not provide you with any guarantees, but bonuses will certainly provide you with a great head start. To ensure you aren’t wasting your deposits, I’ll take time to check out the bonus terms, conditions, and requirements attached. A few common terms are highlighted in this table.
| Bonus Term | Explanation |
| Promotional Code | A code that must be entered in order to redeem a specific Monero betting bonus |
| Wagering requirement | The number of times you are expected to play through your Monero betting bonus before it is considered as part of your cash balance |
| Minimum qualifying deposit or bet | A minimum amount that must be deposited or staked in order to contribute towards the wagering requirements |
| Expiration date | The time you are provided to work your way through the wagering requirements of your Monero betting bonus |
Usability
All great perks of a Monero betting site soon become redundant if usability isn’t up to par. So, I’ll guide you through the registration process, discuss the layout, highlight how swiftly you can build your bets, and much more.
Customer service
Regardless of whether you are
betting with Tether, Bitcoin, Monero, or any other cryptocurrency, you’ll want to make sure that support is on hand around the clock. The best sites provide you with prompt responses and detailed replies, and they can soon get your experience back on track.
VIP programme potential
As mentioned, bonuses and promotions don’t provide any guarantees; however, as you work your way through the rewards program, additional perks are guaranteed to land in your account. I’ll review whether bonus bets and other perks are worthwhile, as well as when they can be achieved.
The bookies we vouch for
How to find the best Monero betting providers
I can do most of the work, but I can’t do it all for you. In order to build your perfect betting experience, you’ll also need to take a few personal considerations into account.
Country-centric restrictions
Before you can get started, you’ll need to consider any legal restrictions and limits imposed across your state, region, territory, or country. In most places around the globe, Monero is not considered legal tender; however, it is an accepted method of payment at certain betting sites.
Following on from the above, you’ll want to make sure that your chosen Monero sports betting site has secured legitimate licencing and has a solid reputation to match. Unfortunately, in the earlier days of crypto, low-life scammers were rife. Whether that was down to hackers accessing your wallet or down to scam sites withholding your withdrawals.
Thankfully, you’ll now find that you can cut out the nonsense and enjoy a legal experience backed by verified auditors. Of course, for any new Monero betting sites that have yet to build a community and reputation, you can always make use of my comparisons.
Market coverage, limits, and odds
I’ve touched on the importance of markets earlier; however, it is worth reiterating again here. The markets provided by a Monero betting site can quickly highlight whether they are the right choice for you. Naturally, depending on your bankroll, you’ll also want to take a quick look at the kind of minimum and maximum bets you can place. Plus, the odds provide the backbone to your experience, so you’ll want them to be competitive across the board.
My favourite sport betting sites
Finally, to help build a better picture of what you’re after, you can always take advantage of the banners on this page and filter your way through my latest recommendations. As mentioned, I’ll cover everything from support and security to promotions and eligible markets. All details I provide will be based on my latest venture around the site, providing you with an honest and up-to-date look at what you can expect.
Our expert guide to Monero gambling
Now that I’ve highlighted all of the benefits of a Monero betting site and showcased what to look out for, let me take some time to talk you through some fundamentals of Monero betting.
How do I start gambling with Monero?
If you’ve decided that Monero betting is the route you wish to go down, rather unsurprisingly, you’ll need to get a hold of some XMR. Now, this can be done through a crypto exchange directly or through any Monero betting site that allows you to buy XMR with fiat online.
To purchase, you’ll either need to send funds through a centralised or decentralised crypto exchange. Most centralised exchanges will provide you with an online wallet; however, you’ll need your own external wallet to make use of most decentralised exchanges. From here, you can make full use of this simple step-by-step guide.
- Use the banners on this page to find yourself a Monero betting site
- Create your account and head on over to the ‘wallet’ section
- Copy the wallet address and open up your external wallet
- Paste the code into the relevant field and enter your deposit value
- Review fees and submit your request
- Wait for 10 confirmations to be completed
- Head to the sports betting lobby and begin building your bets
As touched upon, you will need an external wallet in order to complete your Monero betting site withdrawal. Whether this is an online, hot, or cold wallet is up to you. Then, you’ll need to follow the below steps.
- Head to the ‘wallet’ section of your account
- Click ‘withdraw’
- Select ‘Monero’
- Copy your external wallet address and paste it into the relevant field
- Enter your withdrawal value
- Pass 2FA checks, review fees, and submit your request
- Wait for processing to be completed and for 10 confirmations to take place
- Find your funds returned to your external wallet within 20 minutes
What does the future hold for Monero betting?
The future looks incredibly bright for those wishing to bet with Monero. Already, XMR is considered one of the leading cryptocurrencies, focused heavily on privacy and backed by impressive security features. You can transfer funds to and from your external wallet within 20 minutes, provided 10 confirmations have been completed. Plus, you can pick up plenty of bonuses and promotions at the best Monero betting sites in November.
Depending on global adoption, you could soon see Monero betting sites take over from the likes of Bitcoin and Ethereum. The digital era is evolving and players are starting to appreciate anonymity more and more.
When looking at Monero’s roadmap, you can see plenty has already been achieved. However, that doesn’t stop them from striving for more by working on second-layer solutions for speed and scalability, return addresses, light wallet server support, and XMR:ETH Atomic swaps.
My verdict on Monero sports betting providers
Monero betting sites are ideal for those of you who wish to keep your online betting activity anonymous. Provided you live in a region where Monero is legal to use in a betting environment, you’ll be able to fund your experience within 20 minutes, release sizable welcome offers, and place your bets backed by some of the most competitive odds around.
Although apps aren’t always available, you’ll be able to enjoy the complete experience on the go via your mobile browser. Just remember to pay attention to the fees you are likely to incur and make sure you have your external wallet ready and waiting to receive any winnings.
Get off to a great start with these betting bonuses
1.
100% up to 122€
Requirements (WR): 5x Bonus, Min. Deposit: 1€
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100% up to $100
Requirements (WR): 5x Bonus, Min. Deposit: $10
3.
Monero betting FAQs
? Which crypto exchange should I use for Monero sportsbooks?
You can fund your Monero betting experience from any legitimate crypto exchange. However, for an even easier time funding your experience, you could look to open up your own external wallet and send or receive funds directly.?
? How long do Monero withdrawals and deposits take?
Monero deposits and withdrawals require 10 confirmations to be completed before funds are transferred from your external wallet to your Monero betting site. Generally speaking, both deposits and withdrawals should take no longer than 20 minutes to complete.
?? How do Monero betting sites work?
As with
Cardano betting
sites, Monero betting platforms work in the same way as a fiat alternative. However, you won’t need to go through a third-party intermediary in order to fund your account. Instead, you can simply send and receive from your external wallet.?
?? Is it legal to gamble with XMR?
Yes. Although it isn’t common to find XMR and other cryptocurrencies considered as legal tender, you will find that they are completely legal to use in certain regions, states, and territories.??
